Jordan borrowed $10,000 so he could make some improvements to his basement. He will pay back the money (plus interest) by making $1000 monthly payments for the next 12 months. Which type of credit did he use?

an installment sales credit

an installment cash credit

a single lump-sum credit

a bank line of credit

Answers

Answer 1

Answer:

The Corrct Answer is:

an installment cash credit

Explanation:

Answer 2

Jordan borrowed some money and will pay it back with interest. It is a type of installment cash credit.

What is an installment cash credit?

Installment cash credit is a loan which is borrowed for a fixed amount of money.

The borrower repay the money in fixed installments includes the interest.

Examples are mortgages, personal loan, etc.

Thus, the correct option is B, an installment cash credit.

Learn more about installment cash credit

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Related Questions

Which applicants would be best qualified for the jobs based on educational level?
O Applicants 1 and 2 are qualified to be Arbitrators, Applicant 3 is qualified to be a Legal Assistant, and Applicant
4 is qualified to be a Police Detective.
O Applicant 3 is qualified to be an Arbitrator, Applicants 2 and 4 are qualified to be Legal Assistants, and Applicant
1 is qualified to be a Police Detective.
O Applicants 2 and 4 are qualified to be Arbitrators, Applicants 1 and 4 are qualified to be Legal Assistants, and
Applicant 3 is qualified to be a Police Detective.
O Applicant 4 is qualified to be an Arbitrator, Applicants 2 and 3 are qualified to be Legal Assistants, and
Applicants 1 and 3 are qualified to be Police Detectives

Answers

Answer:

b

Explanation:

Answer:

it is b on edge

Explanation:

please let me know if i didn't help, comment below

Whos better techno or dream? tell me now. i NEED to know plz. . .
its for business

Answers

Answer:

However, techno is still pretty good at the newer PVP and could probably win a couple of times. However, dreams would still probably win 7-8/10 times.

Explanation:

Hope this helps.

Have a good day ma'am/sir.

Be safe!

Answer:

it depends

Explanation:

I swear, you can find the oddest people under the arts category.

Answers

Answer:

doo be doo be doo ba doo be doo be doo ba doo be doo be doo ba

Explanation:

PERRYYYYY

Which career would organize, train, and support teachers and educational workers to help them provide better instruction? O distance learning coordinator O education administrator O instructional coordinator O regulatory affairs specialist Submit​

Answers

Answer:

C

Explanation:

Answer:

The most suitable career that would organize, train, and provide support to teaching professionals and educational workers regarding the execution of school curriculum is the instructional coordinator.

What is the work of the instructional coordinator?

An instructional coordinator is an individual who keeps a check on the syllabus and teaching practices developed by schools, state, and federal boards. They are also known to be curriculum specialists. They guide the school staff about the curriculum material and its successful implementation.

Therefore, the instructional coordinators are the ones who organize, train and provide guidance to the teaching personnel.

Learn more about the instructional coordinators here:

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Which of the following statements is a benefit of including advertising as part
of the promotional mix?
O A. Consumers place great trust in a producer's words about its own
products.
B. Advertising provides an opportunity for two-way communication.
C. Advertising messages are more personal than other forms of
promotion.
D. Marketers have great control over the message.

Answers

Answer:

D. Marketers have great control over the message.

Explanation:

"Marketers have great control over the message" this statement is a benefit of including advertising as part of the promotional mix. Option (d) is correct.

What do you mean by Advertising?

Advertisement, often known as an advert or ad, is a kind of public communication that promotes a good, service, brand, or event.

To accomplish a certain marketing objective, a promotional mix combines marketing strategies such as direct marketing, sales, public relations, and advertising. Usually, the promotional mix is just a small component of the overall marketing mix. You might decide to use a couple of the strategies or that a mix of them all might work best for your campaign.

Therefore, Option (d) is correct. "Marketers have great control over the message" this statement is a benefit of including advertising as part of the promotional mix.

Learn more about Advertising, here;

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#SPJ2

Jason has a Visa credit card and the Annual Percentage Rate is 18%, what is the rate he will be charged interest on per month?

A . 1.5%
B . 1%
C . 1.8%
D . 18%

Answers

Answer:

a. 1.5%

Explanation:

18% for 12 mo

18%/12 mo

1.5%/mo

Suppose that​ Roots' marginal cost of a jacket is a constant ​$100.00 and the total fixed cost at one of its stores is ​$1 comma 000 a day. This store sells 15 jackets a​ day, which is its​ profit-maximizing number of jackets. Then the stores nearby start to advertise their jackets. The Roots store now spends ​$2 comma 000 a day advertising its​ jackets, and its​ profit-maximizing number of jackets sold jumps to 55 a day. What is this​ store's average total cost of a jacket sold before the advertising begins and after the advertising begins. ​>>> Answer to 2 decimal places. Can you say what happens to the price of a Roots​ jacket, Roots'​ markup, and​ Roots' economy?

Answers

Answer:

What is this​ store's average total cost of a jacket sold before the advertising begins and after the advertising begins.

before advertising costs increase:

marginal cost is constant, so we can state that the total variable costs are $100 per jacket

total fixed costs = $1,000 per day / 15 jackets = $66.67 per jacket

average total cost per jacket before increasing advertising expense = $100 + $66.67 =) $166.67

after advertising costs increase:

total variable costs are $100 per jacket

total fixed costs = $2,000 per day / 55 jackets = $36.36 per jacket

average total cost per jacket after increasing advertising expense = $100 + $36.36 =) $136.36

Can you say what happens to the price of a Roots​ jacket, Roots'​ markup, and​ Roots' economy?

Roots is experiencing economies of scale since average total cost per jacket decreased as the total number of jackets sold increased. But in order to sell that new amount of jackets, their price probably decreased. If the price hadn't changed, then the profit maximizing number of jackets sold per day would be close to 30, but it clearly isn't. That means that the company's markup decreased, but the company is now better off since it is maximizing its profits even though its expenses increased and the markup decreased.

A drugstore is promoting oral care sales for one month. A budget of $400 was allocated to this promotion based on 3% of net oral care sales during the same period last year. What were the net sales that led to the $400 budget?

Answers

Answer:

$13,333.33

Explanation:

The $400 dollars budgeted is an equivalent of 3%  of oral care health.

i.e., 3% = $400.

100% will be?

=$400/3 x 100

=$133.3333x 100

=$13,333.33

On January 1, 2021, Tropical Paradise borrows $50,000 by agreeing to a 6%, six-year note with the bank. The funds will be used to purchase a new BMW convertible for use in promoting resort properties to potential customers. Loan payments of $828.64 are due at the end of each month with the first installment due on January 31, 2021.

Required:

Record the issuance of the installment note payable and the first two monthly payments.

Answers

Answer:

January 1, 2021, vehicle purchased on credit

Dr Vehicles 50,000

    Cr Notes payable 50,000

January 31, 2021, first installment

Dr Notes payable 578.64

Dr Interest expense 250

    Cr Cash 828.64

Interest expense = $50,000 x 6% x 1/12 = $250

February 28, 2021, second installment

Dr Notes payable 579.89

Dr Interest expense 248.75

    Cr Cash 828.64

Interest expense = $49,750 x 6% x 1/12 = $248.75

Generally loans are made on a 360 day year basis, that means that the monthly interest expense is always calculated as 1/12 of the annual interest charge.

Activity
Conduct online research and investigate the channels of promotion that small entrepreneurs are using in your town or city.
This could include advertising, public relations, direct marketing, and so on. Why do you think small businesses chose these
channels? Do you think the choices were wise, given the nature of the product and target audience? Provide reasoning for your
answer
shing

Answers

Answer:

given the nature of the product and target audience, because advertising to target the audience and the public relations, and also the the direct marketing. .

Explanation:

Locating close to suppliers reduces these cost

Answers

Locating close to the raw material supplies can reduce where raw materials are heavy and large quantities are used up in production costs. This is particularly true for industries like steel, which uses large quantities of iron ore in the production process.

Free competition
What type of economy it is

Answers

Answer:

Mixed Economy = USA

Explanation:

Most people are very willing to help out others with job leads and advice, because at one point, someone helped them
with job leads and advice as well.

Answers

Answer:

Yes I agree with you!

Explanation:

Test anxiety symptoms can include a. Shaky hands c. Headaches b. Sweating d. All of these Please select the best answer from the choices provided A B C D

Answers

I believe
D) all of these

Hope I helped :)
Plz mark brainiest?❤️

Causes of test anxiety are fear of failing, inadequate preparation and test history, and symptoms are headaches, sweating, etc.

What are the most common causes of exam/test anxiety?

Test anxiety in students is caused by three factors:

The fear of failing. We sometimes put so much pressure on ourselves to perform well that our fear of failure overcomes us.Inadequate preparationInadequate test history

Option D explains the exam/test anxiety symptoms.

Therefore, option D explains the symptoms of Exams/test anxiety.

Learn more about symptoms of Exams/test anxiety here:

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There are three different types of slings. What determines which type you use? Select all that apply.
Select the 2 answer options that apply.

What’s available at your worksite


The type of load


Environmental factors


The type of crane

Answers

Answer:the type of load

environmental factors

Explanation:

Answer:

The type of load

Environmental factors

Explanation: Took the test and got it right.

Using the crossover mileage between the hybrid vehicle and the alternative vehicle from a competing auto manufacturer​ below, what is the crossover point in​ years? Hybrid Vehicle Vehicle Purchase Cost ​$18 comma 000 Vehicle Operating Cost per Mile ​$0.13 Useful Life of Vehicle 14 Miles per Year 16 comma 500 Miles per Gallon 31 Average Fuel Price per Gallon ​$3.95 Alternative Vehicle Vehicle Purchase Cost ​$19 comma 500 Vehicle Operating Cost per Mile ​$0.10 Useful Life of Vehicle 14 Miles per Year 16 comma 500 Miles per Gallon 36 Average Fuel Price per Gallon ​$3.95 Given that the crossover mileage is 31 comma 449 ​miles, the crossover point in years is nothing years ​(round your response to two decimal​ places).

Answers

Answer:

1.91 years

Explanation:

The car manufacturer assumed that the owners of both cars would drive them on average 16,500 miles per year. So they made all their cost calculations based on that average annual mileage, and the final result was the crossover point of 31,449 miles. To determine the crossover point in years, all you need to do is divide 31,449 miles by 16,500 miles = 1.906 years ≈ 1.91 years

Due to good weather, there is a surplus in the market for an agricultural product. Which
change would cause the market to return to equilibrium?

A) a decrease in demand
B) a fall in price
C) an increase in supply
D) a rise in price

Answers

C) an increase in supply

11B: ? John manages a toy factory that
produces toy trains, baby dolls, and race cars.
Every day he receives a list from the local
government specifying how many toys he must
produce, what materials to use, and how much
each toy is to be sold for. He organizes the day's
work accordingly. This scenario closely aligns
with which of the following?

Answers

Answer:

Command economy

Explanation:

John is probably a public officer employed by the government to manage the factory. As an employee, John has to follow his employer's directives, who happens to be the government.

In a command economy, the government controls and owns production activities in the country. It determines the goods to be produced, their quantities, and price. All the factors of production belong to the government.  

This scenario describes a command economy where the government controls the production activities.

1. In the context of the competitive environment of business, the rate at which a new product moves from conception to
commercialization is referred to as
a. speed-to-market
b. on-site prototyping
c. power-to-cost
d. market base flow

Answers

Answer:

a.

Explanation:

Which physical quantity measures what fraction of the input energy a machine actually converts into output energy?
ОА.
kinetic energy
ОВ.
power
OC. efficiency
OD
acceleration

Answers

Answer:

The answer is A because kinetic energy and potential energy are linked together

Explanation:

Answer:

The correct answer is efficiency

which type of Investment has a high potential return, but doesn’t promise a specific amount?

Answers

Answer: Debt investments I think

Explanation: I can’t comment (idk why)soo sry I tried tho, wish u luck

Accounting project 2.3.1 ap3x learning?

Answers

Answer:

Answer:

P (A or B)= 0.65

Explanation:

Step-by-step explanation:

Given

P(a) = 0.60

P(b) = 0.20

P(a and b) = 0.15

What types of scholarships are available in Arizona State University?
Athletic? Merit-Based? Need-based?

Answers


Scholarships. There are many types of scholarships including merit-based tuition scholarships, plus UA and non-UA scholarship opportunities. ...
Undergraduate Grants. ...
Federal Work-Study. ...
Loans. ...
Graduate & Professional Student Funding. ...
International Students. ...
Summer Financial Aid. ...
Winter Session Financial Aid.

Scott and Laura are married and file a joint tax return. Laura owns a sole proprietorship (not a "specified services" business) that incurs qualified business income of $300,000. The proprietorship pays W–2 wages of $40,000 and holds property with an unadjusted basis of $10,000. Scott is employed by a local school district. Their taxable income before the QBI deduction is $381,400 (this is also their modified taxable income What is their tentative QBI based on the W-2 Wages/Capital Investment Limit? 20,000 Determine their allowable QBI deduction. 75,000 X

Answers

Solution :

QBI           300000        W-2 wages      40000

Taxable    3814000      QBP                 10000

income

                                      W-2 limit

Phase                           greater of

out MFJ

Start          315000      50% of W-2       20000

Finish        415000    or 25% of W-2     10250

                                  + 2.5% of QBP

                                  Selected             20000     Being higher      As part 1

Taxable income above phase out

[tex]$\frac{381,400-315000}{100000}$[/tex]        66%

Now applying gross deduction and phase out

Gross deduction        Being 20% of QBI      = 66000

Less : wage limit of QBI                                 - 20000

Phase out %                                                     x 66%

Phase out amount                                           30,360

Final deduction = gross deduction- phase out amount

                         = 66,000 - 30,360

                         = 35,640


What is a business's target market?
O A. The clients or customers to whom the business is selling its
product or service
B. The location where the business will be most successful
C. The business's competitors
D. The amount of money the business hopes to make in the first year

Answers

Answer:

The Clients or customers to whom the Bussiness it product or service

Answer:A

Explanation: a p e x

anyone got sc? mines babyjas04

Answers

Answer:

ok thx for random useless information

Explanation:

Help Immediately!!!!!!
someone figure out this question pls

Answers

Answer:

it seems like a decrease im not fully sure tho

Explanation:

What are personal, property, and liability risks? What are examples of personal, property, and liability risk?

Answers

Some examples of a personal risk include poor health and old age. Property risk includes having your property damaged by wind, lightning, etc. Liability risk is essentially you being responsible for something that happens that could lead to a lawsuit or anything of that nature. So yeah...

Answer: Some personal, property, and liability risks would be poor health and old age, having your property damaged, and being responsible for something that happens that could lead to a lawsuit.

Although this talk is mostly about the personal finance crisis impacting older generations and Baby Boomers, what about the personal finance crisis impacting younger people like yourself? Why do you think so many people are in financial crisis, not just older generations?

Answers

Answer:

=> Inability to plan and budget affected older generations.

=> inability to use credit card efficiently.

=> Low savings caused from payment of student loans.

Explanation:

Baby boomers are the set of generation that were giving birth to between the years of 1946 - 1964 after the world war II. The baby boomers and the older generations will only have financial crisis because they did not plan and budget how their financial lives are going to be. To be sincere, the baby boomers have good retirement plans during their time. So, the inability to plan and budget causes the financial crisis for older generations.

For younger generations, the unemployment rate affect their financial status. For instance, in the year 2008 students with students loan have to drop out of school to pay off the loan. With this, there will be low savings for younger generations.

So many people are in a financial crisis because of their inability to plan and budget, inability to use credit card efficiently, and having low savings from student loan payments. Baby boomers and the older generations have financial crisis because there was not a plan and/or budget to their financial lives and how they'd turn out. Younger generations, is the majority of the unemployment rate that affects financial status.

The Viper retires a $40 million bond issue when the carrying value of the bonds is $42 million, but the market value of the bonds is $36 million. The entry to record the retirement will include:

Answers

Answer:

The retirement of bonds includes a credit of $6 million to gain account.

Explanation:

Gain on retirement = Book value of bonds - Market value of bonds

Gain on retirement = $42 million - $36 million

Gain on retirement = $6 million

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Pull up in the monster automobile gangsterrrrrr witha bad bleep that come from Sri Lanka ya im in a tonka color of willlly wonka you could be the king but what the QUEEEEN conquer Hank's pickup can travel 100 miles on 5 gallons of gas. How many gallons will Hank's pickup need to travel 80 miles?Hank's pickup will needgallons of gas to travel 80 miles. 123 degrees 3x degrees 4.7 code practice Question 1 A rectangle is removed from the middle of a larger shaped board. What is the area of the remaining board? In the 1960s the molecular biology George Streisinger developed the strand-slippage hypothesis. Streisinger noticed that mutations occurred in areas of DNA that contained many repeated sequences. When a strand-slippage error occurs, an insertion mutation can result. How does the insertion mutation affect the DNA? a Nitrogenous bases are added b Nitrogenous bases are damaged. c Nitrogenous bases are exchanged. d Nitrogenous bas Wind is the movement of air parallel to the Earth's surface. True or False? What are bones basically made of? (Choose the best answer?) *Vitamins and minerals.Non-organic materials.Collagen and minerals.Collagen and protein. choose one 22. As settlers moved west after the Civil War, they came up with new tools to make the land easier to cultivate. Tools such as barbed.wire and new kinds of plows made farming in the west possible. What unintended consequence did this have on the population ofthe West?O A It harmed the Plains Indians by driving away migrating buffalo,OB It killed many Plains Indians as new settlers brought new diseases.'OC It made the population become mostly former Southerners.OD It made the West the richest area in the country. Find the missing angle PLZ HELP Eleanor of Aquitaine ruled England for a period of time during the Middle Ages.Please select the best answer from the choices providedTF someone please help me with this question Can you guys help im kinda struggling hepp I am being timeddd How to Solve a Problem A 4-column table with 3 rows. Column 1 has entries run, do not run, total. Column 2 is labeled lift weights with entries 40, blank, 65. Column 3 is labeled do not lift weights with entries blank, x, blank. Column 4 is labeled total with entries 75, blank, 120. Can you determine what number x represents from the information given? Explain how you got your answer. Unlike private wells, public water mains are _____.registered with the Food and Agriculture Organization of the United Nationsregionally standardizedregularly tested and maintainedregulated by the US Department of Homeland Security If x = 10 find the value of2x + 9 The equation of line j is y= -6/7+7. Line k is perpendicular to j. What is the slope of line K I need help solving this problem ASAP BrainliestAs of July 1, 2014, the population of India was about 1,267,000,000.How can you write this number in scientific notation?1. Move the decimal point to the right of the first digit. What is the first factor?2. Count the number of digits after the decimal point. How many places did you move the decimal point?